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lesya692 [45]
3 years ago
12

Janna owns a jewelry shop that sells handmade jewelry. Her employees are paid a certain amount for each bracelet and necklace th

ey produce, regardless of the amount of time it takes. This is a:_______.a) wage system.
b) salary system.
c) quota compensation.
d) piece-rate system.
e) commission plan.
Business
1 answer:
Andre45 [30]3 years ago
5 0

Answer:

D

Explanation:

Piece-rate system

The piece rate system is that system of wage payment in which the workers are paid on the basis of the units of output produced. Piece rate system does not consider the time spent by the workers. It is also known as payment by result or output. Piece rate system pays wages at a fixed piece rate for each unit of output produced. In Janna's case regardless of the amount of time it takes each employee is paid a certain amount per bracelet this is a piece-rate system

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Answer:

Answer is option c.

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Answer: y = 66x - 1200

Explanation: The charity organisation has to sell a number of tickets to cover their production costs of $1,200. It is given that after selling 200 tickets they retain a net profit of $12,000. Net profit is deduced as: Total sales - total costs. Sales is calculated as total tickets x selling price per ticket.

If we let b represent the sales earned from selling tickets, then:

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We can then solve for b by taking the 1200 to the other side of the equal sign. When we do that the sign of that number changes. This is also the same as adding 1200 to both sides of the equal sign:

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This means that each ticket's selling price is $66.

So when when we take it back to the calculation of net profit then it becomes:

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To test:

y = 66x - 1200

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